$GME

GME

GameStop Corp. Class A

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As of 09-26
09-23
InvestAnswersPublished 2026-09-23
“💥 ALL Is Exploding: Q4 Run Early? Rektember Just… Didn’t”
$GMEBearish
Do not buy GME now; consider shorting at $32. Viewed as a poor investment ('garbage') due to past financials, though currently profitable.

Uh, pilot, can you please look at GME? That's GameStop. Uh, I have had a lot of fun this year shorting Avis, by the way. That was a fun one. Let's check out GME. They have a little bit of a Bitcoin bag, but remember, you're playing with fire if you're playing with this thing.

It is on the move. It's interesting. And hold on. Game up. Pop it in here. Some type of squeeze is happening. Uh, and yeah, I remember trading this back in the day. Interesting.

What would I do here? It's telling you that it's running out of steam and it's doing it exactly at level two on the HR, which is $24.78. Would I buy here? No. Would I [clears throat] potentially short here?

Maybe. I definitely would think about shorting if it got up to level three, which is 32 bucks. So, that's GameStop. But be careful with that stuff. You're throwing money away. There's no point in investing in garbage companies.

I tell you why I think it's a garbage company because the financials probably suck. They used to suck, but they probably still do. See, nothing but down, down, down, revenue down, [clears throat] revenue misses.

Uh, well, they're profitable. That's interesting. [snorts] Anyway, PE is 16. They must be making money somewhere now. It's interesting. So, yeah, maybe it's completely I remember this thing used to lose a fortune. Now, it's making money. So we'll see.

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